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  • ECCC will create a new hybrid weather forecasting model, combining the predictive abilities of AI and traditional physics-based meteorology and the department’s knowledge of local factors for wind, temperature and precipitation. Photo: Don Norman

    Federal forecasters to add AI to improve weather predictions: ECCC

    31 minutes ago
  • The U.S. Climate Prediction Center said on Thursday that El Niño has a 61 per cent chance of developing between May and June 2026 and is expected to persist through at least the end of 2026. Photo: lovelyday12/istock/Getty Images

    El Niño risk building, U.S. forecaster says; ENSO-neutral expected to continue to June

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  • ICE weekly: War news driving canola markets

    20 hours ago
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Tag Archives canola

May canola settled at C$704.90 per tonne on April 8, falling out of the sideways trading range it had held for the previous three weeks. Photo: Zak McLachlan
Canola, Crops, Markets

ICE weekly: War news driving canola markets

By Phil Franz-Warkentin 20 hours ago
Canola futures broke below their nearby trading range as a selloff in crude oil weighed on prices. While seasonal price trends point higher, direction will continue to come from developments in the Middle East.

Mustard has been a lifeline for farms in areas where canola routinely fails to grow. BASF’s InVigor Gold GMO mustard hybrid could open those same acres to canola-like oil production — or contaminate the traditional crop. Photo: Greg Berg

The Canadian GMO mustard wars: Dijon vs canola

By Ed White, Reuters April 2, 2026
GMO mustard plant pits canola innovation against Canada's condiment exports.


While the bulk of Japan’s canola imports come from Canada, the supplier’s share has dropped from about 96 per cent of Japan’s imports to around 83 per cent. Australia has remained a major source of canola for Japan.
Photo: Canola Council of Canada
Canola, Crops, Markets

India, Japan canola crops to be steady in 2026/27 – USDA

By Glen Hallick - MarketsFarm April 1, 2026
Canola supplies for India and Japan are expected to remain relatively stable in the 2026/27 crop year, the United States Department of Agriculture said.

On April 1, profit-taking took May canola down C$13.30/tonne to close at C$718.50. However, it has still remained between C$710 to C$740 since March 24.
Photo: Getty Images Plus
Markets

ICE Weekly: Trade waits for canola to break out

By Adam Peleshaty April 1, 2026
Phil Speiss of RBC Dominion Securities in Winnipeg believes canola could enter a bearish downturn, but the war in Iran and volatile oil prices are complicating matters.


Canada’s canola crush increased in 2026 compared to February 2025, but StatCan continued to not provide any new data on the soybean crush. Photo: File
Canola, Crops, Markets, News, Soybeans

February canola crush up from 2025, StatCan reports

By Glen Hallick - MarketsFarm March 31, 2026
More canola was crushed in February than a year ago, Statistics Canada reported on March 31. StatCan pegged last month’s domestic crush at 951,353 tonnes, up about 7.8 per cent from February 2025.

Richardson supplied Matex with canola oil from its processing plant in Lethbridge, Alta. Photo: File
News

Richardson International sells Matex Control Chemical brand

By Adam Peleshaty March 31, 2026
Richardson International Limited announced on March 18, 2026 it sold its Matex Control Chemical brand to Harvest Acquisitions.


ICE Canada Weekly: More behind canola, soyoil than crude oil prices
Canola, Markets, News, Soybeans

ICE Canada Weekly: More behind canola, soyoil than crude oil prices

By Glen Hallick - MarketsFarm March 25, 2026
There’s more to canola futures on the Intercontinental Exchange than crude oil and vegetable oils prices, said David Derwin, commodity futures advisor for Ventum Financial in Winnipeg.

Speculators add to bullish bets in canola
Markets

Speculators add to bullish bets in canola

By Phil Franz-Warkentin March 23, 2026
The speculative net long position in canola continues to grow, hitting its largest level in eight months according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC) released Friday, March 20.


USDA attachés forecast some changes in China’s oilseeds, cereals
Canola, Cereals, Corn, Markets, News, Soybeans, Spring Wheat, Winter Wheat

USDA attachés forecast some changes in China’s oilseeds, cereals

By Glen Hallick - MarketsFarm March 20, 2026
As China heads into the 2026/27 marketing year, the United States Department of Agriculture attachés in Beijing projected a few minor to moderate changes in the country’s soybean, canola, corn and wheat crops.

Photo: Greg Berg
Canola, Crops, Markets

ICE Weekly: Canola to stay elevated as war persists

By Adam Peleshaty March 19, 2026
Canola prices will stay elevated as long as there is conflict in the Middle East, said a Winnipeg-based analyst.


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